Jump to ContentJump to Main Navigation
The Power of a Single NumberA Political History of GDP$
Users without a subscription are not able to see the full content.

Philipp Lepenies

Print publication date: 2016

Print ISBN-13: 9780231175104

Published to Columbia Scholarship Online: January 2017

DOI: 10.7312/columbia/9780231175104.001.0001

Show Summary Details
Page of

PRINTED FROM COLUMBIA SCHOLARSHIP ONLINE (www.columbia.universitypressscholarship.com). (c) Copyright University of Minnesota Press, 2022. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in CUPSO for personal use.date: 03 July 2022

The Frustrations of Colin Clark

The Frustrations of Colin Clark


(p.31) 3 The Frustrations of Colin Clark
The Power of a Single Number

Philipp Lepenies

, Jeremy Gaines
Columbia University Press

Tells the story of how, during the Great Depression, another Englishman, Collin Clark, revives the old idea of William Petty, invents many of the methodological features of GDP-calculation, calculates the number on his own and attempts to persuade British politicians that these national income statistics could be useful - yet, he fails in this attempt . However, his ideas are taken up by John Maynard Keynes who amends Clark's methodology to come up with his own calculation of national income during the war that suddenly proves useful to British politicians - yet the focus is on income for reasons of estimating the tax base.

Keywords:   National income calculation, England, Collin Clark, Keynes

Columbia Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs, and if you can't find the answer there, please contact us .